Home » Nifty Technicals

Nifty Hourly Charts update

16 June 2009 6 views No Comment

Nifty hourly charts shows that a bearish 13/55 EMA bearish crossover with resistance near 4516 and 4540 levels above that nifty could target 4620 levels Bearish Negative Divergence pattern is still building to crack the bulls.

And On EOD basis still nifty needs a sustainability above 4486-4473 levels for the uptrend to continue.

Random Posts

  • ICIMOKU cloud Charts(Montly) for Nifty,Reliance, Banking and Midcap
    To Know more about ICIMOKU cloud trade  check out the recent posting Icimoku Cloud Forecasting for-High Probability Trades  Chart Show the Monthly charts for Nifty,Bank Nifty, Reliance and Midcap(Click on the charts to geta bigger view) from the cha...
  • Investment in Nucleus Software Based on Simple Technicals
    Stock : Nucleus SoftwareCMP : Rs 52Target : Rs75 and Rs90 Support : Rs 46Technical Reasons for Investment 1)Stock trading above 13,34,55 EMA(Bullish Factor for long term)2)Bullish MACD(3,10,16) Positive Momentum Divergence3)Stock Rising from Overso...
  • Multibaggers : Elgi equipments, SAAG RR Infra Ltd and Lakshmi Energy and Foods
    Hi Members, These Multibaggers tips are recommended by Mr Arun one of my online friend from Kolkatha. 90% of his calls almost worked. I recommend to try his call what he gave it 2 days back and to reap your profits. Scripscan: Elgi Equipmentscmp:53...
  • Performance Report – MarketCalls
    Here is the list of calls that we updated you from last month to till date. To Download Performance Report Click here Please have a track on all these calls. Also to get all these calls on your mobile subscibe to our free MOBILE ALERT service - Mar...
  • Reconstucting Elliot Wave Count for Nifty
    Nifty Breaks the resistance 2724 levels and tested 2800 levels. So Iam reconsructing the Short Term Elliot Wave Count structue. As a 5 wave structure is not possible as Simple Elliot Rules are broken as mentioned in my last post5EMA EOD support at 26...

Written by: Rajandran R

diggdelicious-buttonstumbleuponTechnoratiFacebookNewsvineRedditYahoo
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

Optionally add an image (JPEG only)